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Biz & Tech

Energy

Sat, January 23, 2021 | 23:34

Growing number of businesses seek to tap into EV battery waste

Growing number of businesses seek to tap into EV battery waste

The rising sales of electric vehicles (EVs) are leading to growing calls to establish a full ecosystem for them including the introduction of renting, charging, reuse and recycling of battery packs, industry analysts noted Friday.

Baek Byung-yeul | 2021-01-23 09:12

SK Innovation acquires stake in EV battery business in China

SK Innovation acquires stake in EV battery business in China

SK Innovation purchased a stake in a Chinese company in Beijing that sells recharged batteries that can be swapped between electric vehicles (EVs), the energy and chemical arm of SK Group said Thursday.

Baek Byung-yeul | 2021-01-21 17:17

Hyosung to enhance competitiveness with IT at its core

Hyosung to enhance competitiveness with IT at its core

Hyosung Chairman Cho Hyun-joon is aiming to utilize latest IT technologies to enhance the corporation's competitiveness and to better prepare for times beyond COVID-19.

Kim Hyun-bin | 2021-01-21 09:25

Korea Gas Corporation focusing on LNG cold energy

Korea Gas Corporation focusing on LNG cold energy

LNG “cold energy” has become a key area of focus for the Korea Gas Corporation (KOGAS) as it seeks to develop new lines of business.

2021-01-17 14:07

SK pursuing ESG initiative via capital increase

SK pursuing ESG initiative via capital increase

SK Group, which has set the industry's benchmark in environmental, social and corporate governance (ESG) investments, aims to increase spending on environmentally-friendly projects by raising money through the issuance of “green bonds.”

Kim Yoo-chul | 2021-01-14 15:47

Korea's power sales dip 2.4% in Jan.-Nov. on coronavirus impact

Korea's power sales dip 2.4% in Jan.-Nov. on coronavirus impact

South Korea's electricity consumption fell more than 2 percent in the first 11 months of 2020 in the wake of the coronavirus pandemic, data showed Monday. Power sales in Asia's fourth-largest economy came to 464,243 gigawatt-hours (GWh) in the January-November period, down 2.4 percent from a year earlier, according to the data from state utility Korea Electric Power Corp. (KE...

2021-01-11 11:07

Hanwha Group works to fully implement ESG management

Hanwha Group works to fully implement ESG management

Hanwha Group Chairman Kim Seung-youn has vowed to expand the company's environmental, social and corporate governance (ESG) management style to better enhance the conglomerate's future competitiveness in the global market.

Kim Hyun-bin | 2021-01-06 13:21

GS Caltex to showcase drone delivery, future gas station at CES

GS Caltex to showcase drone delivery, future gas station at CES

GS Caltex is set to present drone delivery services and its next-generation gas station at CES 2021 to be held next week. It is the first time for the oil refiner to take part in the global tech expo.

2021-01-06 13:18

[INTERVIEW] Norwegian renewable energy expert points 'offshore'

[INTERVIEW] Norwegian renewable energy expert points 'offshore'

Nils Anders Rokke has been lauding “offshore” as the ideal strategic place for the expansion of renewable energy-based power generation and lower carbon emissions that the world - on the verge of climate change-driven catastrophe - desperately requires. The executive vice president of sustainability at SINTEF, Scandinavia's largest independent research institute based in Tron...

Ko Dong-hwan | 2021-01-06 09:12

Korea to allow power purchase agreement for renewable energy

Korea to allow power purchase agreement for renewable energy

Korean firms seeking to pursue RE100, a global campaign of transitioning to 100 percent renewable power, will be able to purchase electricity generated from renewable sources from solar farms and other eco-friendly power plants, the government announced Tuesday.

Nam Hyun-woo | 2021-01-05 16:16

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